₦airaland Forum

PETERiCHY:
The NEXT BIG THING that will STIMULATE the Nigeria Economy is FUEL SUBSIDY REMOVAL and I foresee it happening VERY SOON!!!!!!!!!!!!!!!!

*BARGAIN HUNTERS TAKE NOTE and start aligning with STOCKS that will BENEFIT MOST !

*ThE OcToPuS*

The federal government, through the Nigeria Customs Service, has directed that petroleum products should not be supplied to fuel stations within 20km of the borders.

Hameed Ali, Customs comptroller general, issued the directive in a memo dated November 6 and seen by TheCable on Thursday.

More to follow…...

https://www.thecable.ng/breaking-fg-suspends-products-supply-fuel-stations-20km-borders/amp

PETERiCHY:
One Richest African guy is baking a DELICIOUS CAKE.
DON'T be left OUT!

*ThE OcToPuS*

GOD is GOOD all the TIME!

The DELICIOUS CAKE we prophesied about on June 10th 2018 has finally been served .

Discerning BARGAIN HUNTERS ENJOY and EXPECT more to COME...

OANDO long term
ZENITHBK short term.
That's all for now.

*ThE OcToPuS*

PETERiCHY:
2020 is the YEAR of MELTDOWN.

Follow the NEW YEAR EUPHORIA and EXIT with your PORTFOLIO don't be CAUGHT in the CROSSFIRE.

Those that has EARS let them hear what the FUTURE holds....

*ThE OcToPuS*

The exercise of the discretionary power of the Central Bank of Nigeria (CBN) to regulate the economy may soon have a negative impact on the country’s N9.4 trillion pension funds.

The CBN had, in a circular signed by its Director, Financial Markets Department, Angela Sere-Ejembi, directed banks to exclude individuals and local corporates from investing in Open Market Operations (OMO) auctions with effect from October 23, this year.

https://thenationonlineng.net/cbn-ban-on-omo-threatens-n9-4tr-pension-investment-returns/

OBAGADAFFI:
LOL,

Res-submission of accounts due to errorsin EPS

It seems NSEMPA guys are better than UACN Auditors.

No be Naija again.
Its their GAMEPLAN.
Deliberately done to suck in more Janets.

BARGAIN HUNTERS are still patiently waiting @t N2 fairvalue junction.

DOLLARTEX:
uacn good bye Janet.

Don't cry for Argentina.
Janet already sitting on N650k profit

fxuser:
Zen always lagging smh , , , but got some questionable support at N17 with +ve div on LTF

Is it Zenithbk that will still come and carry us @N16.

Jim Ovia and his mercenaries are simply beating about the bush.

Access about to overtake Zenithbank

Saudi Aramco on Sunday announced its intention to proceed with an initial public offering in Riyadh. The final offer price, number of shares to be sold and percentage of the shares to be sold will be determined at the end of the book-building period.

9-MONTHS FINANCIALS

Revenue, other income related to sales at $244 billion.

Net income at $68 billion.

Free cash flow $59 billion.

Capex at $23 billion.

DIVIDENDS.

Board intends to declare aggregate ordinary cash dividends of at least $75 billion for 2020, in addition to any potential special dividends.

Nov. 1, Aramco declared an ordinary dividend of $13.4 billion for quarter ended Sept. 30.

To declare an interim (ordinary) dividend of a maximum of $9.5 billion, after obtaining the necessary approvals from the board, prior to the date of allocation of the shares to the institutional subscribers and individual investors.

These dividends will be paid to the government (in its capacity as the sole shareholder in the company) and investors in the shares will not be entitled to any portion of these dividends regardless of when they are paid.

Subject to certain exceptions, the company will declare an interim (ordinary) dividend of $3.9 billion with respect to the period from (and including) the date of allocation of the shares to the institutional subscribers and individual investors through Dec. 31.

It will be paid from the company’s cash-on-hand

nairavsdollars:
Seems Nigerian Stock exchange website is down

They are re-engineering the NSE kalokalo machine for upward movement.

PETERiCHY:
Zenithbsnk now 16:80 and quietly heading back to N16

Don't be caught in the CROSSFIRE!

BARGAIN HUNTER TAKE NOTE!

I asked my fellow BARGAIN HUNTERS to wait for Zenith bank @ N16 junction the next moment JIM OVIA and his mercenary pump it to N17:45k

Don't be deceived NA THEM

The NEXT BIG THING that will STIMULATE the Nigeria Economy is FUEL SUBSIDY REMOVAL and I foresee it happening VERY SOON!!!!!!!!!!!!!!!!

*BARGAIN HUNTERS TAKE NOTE and start aligning with STOCKS that will BENEFIT MOST !

*ThE OcToPuS*

onegentleguy:
Let's forget the issue 'cause I already knew u won't want to admit to ur perfidious play on this, even if there are proofs to counter them.
I was only trying to pass a message with the 1st part of my post in bold.
...the important thing is to note that line to avoid any taint to ur person that may come with such post.

On the part of ur post in bold, u already stated the obvious...
But just in case u've forgotten; My take on the potential driven value with UACN is to a large extent based on the benefit with the proposed unbundling.
I always did state as much here, and also followed them up with several analysis to lay credence to my assertions.
That's exactly the message inferred from the 2nd part of my post in bold.

There is a reason for the low offer volume despite the spurious claims of a bad Q3 result.
Aside the over 2M unit, possibly put out by those who clearly don't understand certain things, particularly how risk compares to reward(ROI) with the result pegged side by side with the unbundling benefits, or those who know not what they hold, people are'nt selling.

We shall see how things later pan out.

cheers

Since UACN is now the best thing after slice bread just try and place 100million units bid @ the low day of N5:85 and see if it won't be executed immediately

Mcy56:
It's in Access! It's just getting set, na bear dey hold am for legs.
UACN offers not much, it wouldnt take long before it stabilizes. Just observation.

Same thing you people kept saying about UACN when the dumpers started dropping the trash can @above #8.

You people shouldn't worry by the time it gets to N2 eyes go clear.

Zenithbsnk now 16:80 and quietly heading back to N16

Don't be caught in the CROSSFIRE!

BARGAIN HUNTER TAKE NOTE!

PETERiCHY:
Those are BARGAIN HUNTERS waiting at sub N4

Based on latest atomic bomb released by UACN called Q3 2019 results we are reviewing our fair value to sub N2.

BARGAIN HUNTERS TAKE !

locodemy:
The result will be bad.Those who understands Transcorp game will mop the shares at that panic moment.Following the news of Afam power plant acquisition, Transcorp shares will begin to dry up in the market.Getting it @ sub 80kobo will be the best buy before all the bla bla I stated above.

Like I said earlier LOCO have stated exactly what will happen in his above post and now the journey to sub 80kobo has earnestly commenced

BARGAIN HUNTERS TAKE NOTE!

onegentleguy:
It's October Two-Nine- my Born day.
...its yet another year !!
A big +1 for me- small me !!

Thank GOD for his gift of LIFE and MERCIES... for without him, I am nothing !!

OGG,
HBD wish you long life and properties.

Today, Oando Plc released its Q3 2019 results for the period ended September 30, 2019.

Key Highlights

Revenue decreased by 18.08% to N413.76bn from N505.09bn in Q3 2018

Profit before Tax decreased by 293.46% to N-9.23bn from N4.77bn in Q3 2018

Profit after Tax increased by 25.66% to N13.07bn from N10.39bn in Q3 2018

Total Equity increased by 4.4% to N289.33bn from N277.12bn in Q3 2018

https://www.proshareng.com/news/Corporate%20Results/-OANDO-Declares-N13.06bn-PAT-in-Q3-2019-Results--SP-N3.40k-/47688

Wale and his Confusion EVERYWHERE

Abeg Oga MPEACE.OGG. Agba. CP and Coy make una come explain this results oooo.

locodemy:
The result will be bad.Those who understands Transcorp game will mop the shares at that panic moment.Following the news of Afam power plant acquisition, Transcorp shares will begin to dry up in the market.Getting it @ sub 80kobo will be the best buy before all the bla bla I stated above.

You already gave the answer HERE.
That's why we started witnessing some heavy OFFERS @ circa N1 few days ago.

swilo:
Transcorp will do very well in the nearest future. Just hope Tony will not come with his shinanigan.

Mischievous Tony wey don finally burn results

https://www.nairaland.com/5494585/transcorp-building-ikoyi-lagos-fire#83485453

A building is reportedly currently on fire at Transcorp building close to Oracle on Glover Road, Ikoyi, Lagos and almost completely in ashes and no fire service truck was in sight.

According to a source, it is still uncertain what caused the inferno but it is believed someone wants to cover tracks.

PETERiCHY:
So they don't know they will get regulatory approval b4 going public . Well like I said its all part of their plan to lure in more gullibles which they have succeeded .

As for BARGAIN HUNTERS we are patiently waiting at their N6:00k fair value

I said it moons ago that FO AUDIO TAKEOVER plan is an orchestrate to take more prisoners.


Now it's on FULL OFFER @#15:85k

PETERiCHY:
They CLAIMED to purchased 75% stake at a whopping N66 per share from Ote$ where as in another newspaper publication they were pleading with their shellholders not to sell at subN20.

Last wk they saw their yeye stock was trading at N14 jejely heading to it N6 fairvalue the same set of crooks had emergency meeting and QUICKLY came up with another story of purchasing at N62 and some gullibles are jumping up

Most Nigerian CEO's are nothing but CROOKS,
I only WEEP for uninformed investors

FO with their audio TAKEOVER

DOLLARTEX:
http://www.nse.com.ng/Financial_NewsDocs/27887_FORTE_OIL_PLC._CORPORATE_ACTIONS_OCTOBER_2019.pdf ok

Audio TAKEOVER

rebekah2011:
Zenith Bank Q3 results EPS N4.80. How are these banks making monies?

Audio MONEY

Agbalowomeri:
Are we still expecting Oando @1000 that you promised us?

Better start buying now coz it will make a lot of investors STINKINGLY RICH

ASSIGNMENT for the WEEK.

After 5year of OANDO purchasing CONOCO-PHILIPS asset at $1.5 Billion is it now a BARGAIN @#3:50

*ThE OcToPuS*

Jejebabaa:
Zenith seen at 17 or my eyes never clear?

Baba your eyes are crystal clear

Bubu economic somersaults policies has so much messed up the market and investors portfolios.

To the extend that even if Oscar Onyema give an insider info nobody will buy it

locodemy:
Seems you are now in this bus.
I will not be surprise to see this stock trading at 80kobo soon

So you ain't happy we came to your RESCUE at 25% discount your ENTRY price

Despite spending N1.5trillion on the country’s power sector in the last two years, the Federal Government yesterday said it is in the process of investing a fresh $3 billion (N915bn) World Bank loan into the sector.

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this during an interview with journalists on the sidelines of the World Bank/International Monetary Fund (IMF) meetings holding in Washington DC, United States.

Vice President Yemi Osinbajo had in September said the federal government invested about N1.5 trillion in intervention fund in the Nigeria’s power sector in the last two years.

https://www.dailytrust.com.ng/fg-to-sink-fresh-n915bn-loan-into-power-sector.html

PETERiCHY:
Small time you see headlines like TRANSCORP FINALLY COMPLETE PAYMENTS FOR THEIR AFAM SOUP blablabla...and the rush of madness and abracadabra will start all over again

BARGAIN HUNTERS better watch this SPACE!

Transcorp Power Consortium has emerged the bid winner for Afam Power Plc.

The consortium submitted a bid of N105.3bn to beat two other companies that wanted to acquire the electricity generation company (100 per cent equity).

The Vice-Chairman, Technical Committee of NCP, Dr Ayo Teriba, who chaired the ceremony, said the winning and reserve bids were subject to the approval of the NCP chaired by the Vice-President, Prof Yemi Osinbajo.

He said, “The transaction of the enterprises will legally come to a close with the signing of the Share Purchase Agreement and any other related documents by each preferred bidder as approved by the NCP.

“Payment will be made in naira through the Remita Retrieval Reference in favour of BPE; 25 per cent of the purchase consideration should be made within seven working days from the date of signing the Share Purchase Agreement.

“The remaining 75 per cent payment will be paid to BPE within 180 calendar days after signing of the Share Purchase Agreement.”

https://www.google.com/amp/s/punchng.com/transcorp-consortium-wins-bid-for-afam-power-plc/amp/

Based on the above publication TRANSCORP is EXPECTED to complete their AFAM POWER PAYMENT within 180days that should be on or before 30th November 2019.

So we shouldn't be DECEIVED by the 5million GANGS OFFERS which sole aim is to shake off weak hands.

BARGAIN HUNTERS mark this SPACE!

*ThE OcToPuS*

PharmAlfred:
If we do an eye for an eye, the whole city will be blind. Ejor! A lot of things are not adding up in this country. Add this bear season to it and one might likely collapse

Chibubear rightnow after handing the captain badge to Agba

LONG TERM investment is archaic, dead and buried in Nigeria.

GLOBAL MELTDOWN is on the way.

BARGAIN HUNTERS TAKE NOTE!